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Robert Samuelson on Debt in First-World Nations

It's not quite Kübler-Ross' five stages of grief -- in fact, it's more like two -- but it seems that at least some mainstream media types have stopped drinking the Keynesian Kool-Aid. Full Article at Seeking Alpha

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  1. Newsweek

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  1. LONDON, ENGLAND - NOVEMBER 23: Dominique Strauss-Kahn, the Managing Director of the International Monetary Fund, delivers a speech to the CBI annual conference at the Park Lane Hilton hotel on November 23, 2009 in London, England.
  2. A security guard stands next to a glass case containing gold bars at Beijing's biggest gold store November 23, 2009.
  3. The October 26 issue of Newsweek (on newsstands October 19), "Why College Should Take Only Three Years," looks at how the reinvention of higher education benefits parents, students, and schools.
  4. US Treasury Secretary Tim Geithner(L) responds to a question from Newsweek editor Jon Meacham during a Q&A on May 18, 2009 at the National Press Club in Washington, DC. Meacham will ask Geithner some hard questions about the fate of the US economy.
  5. WASHINGTON - APRIL 26: Jon Meacham, editor of Newsweek magazine, listens during a live taping of 'Meet the Press' at NBC April 26, 2009 in Washington, DC. Meacham, editor of Newsweek magazine, spoke about President Obama's first 100 days as president of the United States.

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